Buckley Wealth Management LLC bought a new stake in ANSYS, Inc. (NASDAQ:ANSS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,415 shares of the software maker’s stock, valued at approximately $652,000.
A number of other institutional investors have also recently modified their holdings of the stock. KBC Group NV boosted its holdings in ANSYS by 28.0% in the fourth quarter. KBC Group NV now owns 68,379 shares of the software maker’s stock valued at $10,092,000 after acquiring an additional 14,946 shares during the last quarter. California Public Employees Retirement System raised its position in ANSYS by 2.6% in the fourth quarter. California Public Employees Retirement System now owns 231,429 shares of the software maker’s stock valued at $34,157,000 after purchasing an additional 5,778 shares during the period. Teacher Retirement System of Texas raised its position in ANSYS by 256.4% in the fourth quarter. Teacher Retirement System of Texas now owns 40,092 shares of the software maker’s stock valued at $5,917,000 after purchasing an additional 28,844 shares during the period. Mendel Money Management purchased a new position in ANSYS in the fourth quarter valued at about $4,827,000. Finally, ING Groep NV raised its position in ANSYS by 117.2% in the fourth quarter. ING Groep NV now owns 6,569 shares of the software maker’s stock valued at $970,000 after purchasing an additional 3,544 shares during the period. Hedge funds and other institutional investors own 96.57% of the company’s stock.
Shares of ANSYS, Inc. (ANSS) opened at $150.41 on Monday. ANSYS, Inc. has a 52-week low of $96.02 and a 52-week high of $164.90. The stock has a market capitalization of $12,760.00, a PE ratio of 47.30 and a beta of 1.07.
Several research analysts have commented on ANSS shares. Evercore ISI reissued a “hold” rating and issued a $113.00 price objective on shares of ANSYS in a research report on Thursday, November 2nd. Robert W. Baird reissued an “outperform” rating and issued a $155.00 price objective (up from $130.00) on shares of ANSYS in a research report on Friday, November 3rd. Royal Bank of Canada raised their price objective on ANSYS from $130.00 to $147.00 and gave the company a “sector perform” rating in a research report on Friday, November 3rd. Wedbush reissued a “neutral” rating and issued a $114.00 price objective (down from $136.00) on shares of ANSYS in a research report on Friday, November 3rd. Finally, Citigroup raised their price objective on ANSYS from $125.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $128.91.
In other news, VP Mark Hindsbo sold 5,000 shares of ANSYS stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $151.70, for a total transaction of $758,500.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Richard S. Mahoney sold 8,527 shares of ANSYS stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $17.84, for a total value of $152,121.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 38,527 shares of company stock worth $4,973,622. Corporate insiders own 1.30% of the company’s stock.
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ANSYS Company Profile
ANSYS, Inc (ANSYS) develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors.
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